Build-A-Bear Workshop (NYSE:BBW) Cut to "Hold" at StockNews.com

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) was downgraded by StockNews.com from a "buy" rating to a "hold" rating in a report released on Friday.

Other equities research analysts have also recently issued reports about the stock. DA Davidson reiterated a "buy" rating and issued a $50.00 price objective on shares of Build-A-Bear Workshop in a report on Friday, March 14th. Northland Securities increased their price objective on Build-A-Bear Workshop from $38.00 to $55.00 and gave the company an "outperform" rating in a report on Friday, December 6th.

Build-A-Bear Workshop Trading Up 4.1 %

NYSE BBW traded up $1.53 on Friday, reaching $38.86. The stock had a trading volume of 290,444 shares, compared to its average volume of 245,766. Build-A-Bear Workshop has a 1 year low of $23.63 and a 1 year high of $48.23. The business has a 50 day moving average price of $39.37 and a 200 day moving average price of $38.50. The company has a market capitalization of $522.22 million, a price-to-earnings ratio of 10.33 and a beta of 1.50.

Build-A-Bear Workshop (NYSE:BBW - Get Free Report) last released its quarterly earnings data on Thursday, March 13th. The specialty retailer reported $1.59 EPS for the quarter, topping analysts' consensus estimates of $1.52 by $0.07. The firm had revenue of $150.45 million for the quarter, compared to the consensus estimate of $147.53 million. Build-A-Bear Workshop had a return on equity of 38.35% and a net margin of 10.58%. On average, analysts anticipate that Build-A-Bear Workshop will post 3.71 earnings per share for the current fiscal year.

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Insider Activity

In related news, insider J. Christopher Hurt sold 12,635 shares of the business's stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $39.53, for a total transaction of $499,461.55. Following the transaction, the insider now owns 49,386 shares of the company's stock, valued at approximately $1,952,228.58. The trade was a 20.37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Sharon Price John sold 53,962 shares of the company's stock in a transaction on Friday, January 10th. The shares were sold at an average price of $42.02, for a total transaction of $2,267,483.24. Following the transaction, the chief executive officer now owns 293,858 shares of the company's stock, valued at approximately $12,347,913.16. The trade was a 15.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 161,666 shares of company stock valued at $7,010,081. 7.90% of the stock is owned by insiders.

Institutional Trading of Build-A-Bear Workshop

Hedge funds have recently modified their holdings of the company. Squarepoint Ops LLC increased its position in shares of Build-A-Bear Workshop by 62.7% during the fourth quarter. Squarepoint Ops LLC now owns 18,802 shares of the specialty retailer's stock valued at $866,000 after purchasing an additional 7,245 shares during the period. Sherbrooke Park Advisers LLC bought a new stake in Build-A-Bear Workshop in the 4th quarter valued at $585,000. Quantedge Capital Pte Ltd acquired a new position in shares of Build-A-Bear Workshop in the 4th quarter valued at $1,750,000. Lazard Asset Management LLC lifted its holdings in shares of Build-A-Bear Workshop by 55.6% during the 4th quarter. Lazard Asset Management LLC now owns 55,611 shares of the specialty retailer's stock worth $2,560,000 after acquiring an additional 19,874 shares during the period. Finally, Deutsche Bank AG boosted its position in shares of Build-A-Bear Workshop by 52.9% during the 4th quarter. Deutsche Bank AG now owns 11,888 shares of the specialty retailer's stock valued at $547,000 after acquiring an additional 4,111 shares in the last quarter. Institutional investors own 79.30% of the company's stock.

About Build-A-Bear Workshop

Build-A-Bear Workshop, Inc operates as a multi-channel retailer of plush animals and related products in the United States, Canada, the United Kingdom, Ireland, and internationally. The company operates through three segments: Direct-to-Consumer, Commercial, and International Franchising. Its merchandise comprises various styles of plush products to be stuffed, pre-stuffed plush products, and sounds and scents that can be added to the stuffed animals, as well as range of clothing, shoes and accessories, and other toy and novelty items, including family sleepwear.